Hong Kong: Amendment to align to CRS measures | KPMG | GLOBAL

Hong Kong: Amendment to align to CRS measures

Hong Kong: Amendment to align to CRS measures

The Inland Revenue Department of Hong Kong announced the publication of an amendment to implement changes to align Hong Kong’s tax rules to the common reporting standard (CRS) provisions.

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The amendment to the Inland Revenue Ordinance would enable Hong Kong's participation in the multilateral convention on mutual administrative assistance in tax matters, and align the Inland Revenue Ordinance with the CRS measures.

 

Read an October 2017 report [PDF 61 KB] prepared by the KPMG member firm in Hong Kong

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